President Donald Trump has directed his Justice Department to pause enforcement of the TikTok ban until early April, but a host of questions remain - including whether Trump has the authority to issue such an order and if TikTok’s China-based parent would be amenable to selling the popular social media platform.
Shortly after taking office Monday, the president issued the order to delay the app’s ban for 75 days. The law went into effect on Sunday.
President Donald Trump issued an executive order aiming to temporarily halt a law requiring TikTok to sell U.S. assets or be banned in the U.S.
Trump also laid out on Truth Social what he thinks a “qualified divestiture” of TikTok by ByteDance could look like.
President Trump signed an executive order delaying the TikTok ban for 75 days, providing temporary relief to users but leaving uncertainty for the app's future in the U.S.
Business owners and influencers received a temporary reprieve but still face uncertainty as Trump's order lifts after 75 days.
President Trump signed an executive order giving more time for TikTok to work out a deal to prevent a ban in the U.S. A document posted on the
Trump announced the decision in a post on his Truth Social account on Sunday as millions of TikTok users in the U.S. awoke to discover they could no longer access the TikTok app or platform.
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TikTok went dark for a few hours in the U.S. before the ban was suddenly reversed Sunday. Here's what to know about President Trump's executive order.
Shares of Oracle ( ORCL 6.97%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained as much as 11.3% earlier in the day. The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively.